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Celina Economic Development Corporation Agenda Packet 2026-06-02

EDC Approves $10,000 Incentive Grant to ATRH LLC

$10,000 (CEDC share)MUSTANG RANCH MUNICIPAL MANAGEMENT DISTRICT 1ATRH LLCJune 2, 2026

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Description

The Celina Economic Development Corporation Board approved an Economic Development and Performance Agreement with ATRH, LLC, stipulating up to $10,000 reimbursement for site improvements at 219 W. Pecan Street. The funds are disbursed upon certificate of occupancy and contingent on investment and job requirements, with the agreement running through December 31, 2027.

Contract Details

Contract Amount

$10,000 (CEDC share)

Vendor

ATRH LLC

Agency

MUSTANG RANCH MUNICIPAL MANAGEMENT DISTRICT 1, TX

Contract Type

OTHER

Document Date

June 2, 2026

Contract Term

Effective date through December 31, 2027

Renewal Date

2027-12-31

Renewal Info

Single-term incentive through December 31, 2027. No provisions for automatic renewal; payment contingent on compliance milestones.

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